In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme … discuss some practical implications of the transfer scheme for current climate negotiations. …

of global climate negotiations. The model is derived from the seminal RICE model by Nordhaus and Yang (1996). We first …In this paper we introduce the CLIMNEG World Simulation (CWS) model for simulating cooperative game theoretic aspects …

This paper surveys recent advances in climate models by emphasising how quantitative instruments can answer the main … crucial questions addressed by the policymakers involved and therefore aid the formulation of effective global climate … climate models for policy analysis. It is also suggested that the complexity and uncertainties surrounding climate issues are …

Uncertainty plays a significant role in evaluating climate policy, and fattailed uncertainty may dominate policy advice …. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under deep uncertainty? In order … climate policy: the curvature of carbon tax against the uncertainty. We find that the optimal carbon tax increases as the …

the simplified DICE through the lens of growth theory. We analytically show that this model exhibits a continuum of saddle …To gain insights into the mechanisms that shape the interaction between economic growth and climate change, we analyze … steady state, i.e. for the long-run economic and climate outcomes. However, we also show that a lack of information about the …

climate change research, and on the implications of the 2020 pandemic, this volume will be of great interest to students and …

carbon emissions from fossil fuel use based on the GEM-E3-World general equilibrium. Nonparticipation of the USA causes the … completely the Kyoto Protocol's emission targets but that they have the merit to have saved the international climate change …

This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can …